Section 1 Study Questions (9.0 points) Answer each question fully. Complete sentences are not necessary. Lesson 1 (3.0 points) 1. Name at least two things financial planning could help you do. (0.5 points) save money‚ make a budget‚ understand taxes 2. What is trade? (0.5 points) the exchange of things of value 3. What is a service? (0.5 points) something of value a person can do of others 4. Name one of the three functions of money. (0.5 points) store of value measure the
Premium Supply and demand Economics Market economy
Chapter 04 Long-Term Financial Planning and Growth Multiple Choice Questions 1. Phil is working on a financial plan for the next three years. This time period is referred to as which one of the following? A. financial range B. planning horizon C. planning agenda D. short-run E. current financing period 2. Atlas Industries combines the smaller investment proposals from each operational unit into a single project for planning purposes. This process is referred to as which one
Premium Generally Accepted Accounting Principles Financial ratios Balance sheet
1) Bill Young believes that because his employees were not responsible for the 9/11 attacks‚ they should not have to suffer loss of income as a consequence. Businesses are always subject to economic forces over which they have little or no control. Should the business response to something like the 9/11 attacks be any different from the response to “normal” fluctuations in the business cycle? If so‚ why and how? If not‚ why not? How does the example set by Aaron Feuerstein influence your decision
Premium Business cycle Economics Macroeconomics
Ragan Thermal Systems plc was founded nine years ago by brother and sister Carrington and Genevieve Ragan. The company manufactures and installs commercial heating‚ ventilation and cooling (HVAC) units. Ragan has experienced rapid growth because of a proprietary technology that increases the energy efficiency of its systems. The company is owned equally by Carrington and Genevieve. The original agreement between the siblings gave each 50‚000 shares. In the event that either wishes to sell the shares
Premium Stock Stock market Snack food
http://www.uwb.edu/ B BUS 454—Investments Section A Summer Quarter 2013—Term B Location and times Room UW1 - 220 Mondays + Wednesdays 1:00 pm to 5:20 pm Instructor: Marc Hyman Office hours (CC2 - 387): T Th 11:00 am – 1:00 pm E-mail mhyman@cascadia.edu Telephone: 1.425.352.8285 COURSE DESCRIPTION This course will cover the nature and pricing of particular securities and the use of these securities in the construction of portfolios to achieve targeted short-term and
Premium Asset Investment
1. Describe one short-term goal that you have and at least one thing you will need to do in order to accomplish that goal. (2-4 sentences. 1.0 points) To graduate high school on time and receive my diploma is a short term goal of mine. In order to accomplish this goal my attendance and grades will have to be good. 2. Describe one long-term goal that you have and at least two things you will need to do in order to accomplish that goal. (2-4 sentences. 1.0 points) A long term goal of mine is to
Premium Goal Regulatory Focus Theory Management
Integrative—WACC‚ WMCC‚ and IOS. Cartwell Products has compiled the data shown in the following table for the current costs of its three basic sources of capital—long-term debt‚ preferred stock‚ and common stock equity—for various ranges of new financing. Source of Capital Range of New Financing After Tax Cost Long-term debt $0 to 320‚000 6% $320‚000 and above 8% Preferred stock $0 and above 17% Common stock equity $0 to $200‚000 20% $200‚000 and above 24%
Premium Finance Stock Weighted average cost of capital
Question 1 (5 points) In a world with no frictions (i.e.‚ taxes‚ etc.)‚ having debt is always better because it increases the value of the firm/projet. Your Answer | Score | Explanation | False | 5.00 | Correct. You understand the irrelevance of financing. | Total | 5.00/5.00 | | Question Explanation | | | Fundamental question about value creation. | Question 2 (5) the return of equity is equal to the return on debt of a project/firm Your Answer | Score | Explanation | Never true
Premium Interest Finance Net present value
MGF402 Homework 3 Due date: Thursday October 31st 1. Calculate EAR and APR for the following questions. a. You have an APR of 7.5% with continuous compounding. What is the EAR? b. You have an EAR of 9%. What is the equivalent APR with continuous compounding? c. The buyer of a new home is quoted a mortgage rate of 0.5% per month. What is the APR on the loan? d. A loan for a new car costs the borrower 0.8% per month. What is the EAR? Answer: a. 1 + EAR = eAPR => EAR = eAPR - 1 =
Premium Investment Rate of return Arithmetic mean
Mid-term I Review Questions 1. In December 1994 the government of Mexico officially changed the value of the Mexican peso from 3.2 pesos per dollar to 5.5 pesos per dollar. What was the percentage change in its value? Was this a depreciation‚ devaluation‚ appreciation‚ or revaluation? Explain. 2. Many people were surprised when Vietnam became the second largest coffee producing country in the world in recent years‚ second only to Brazil. The Vietnamese dong‚ VND or d‚ is managed against the
Premium United States dollar Euro Currency